Senegal

Estimated at 4.5% in 2014, compared with 3.5% in 2013, growth is projected to be 4.6% in 2015 and 5.0% in 2016.

The first set of PSE flagship projects and reforms was launched in 2014, and their effective implementation will be indispensable in meeting PSE goals.

Decentralisation Act III has been adopted to organise Senegal into territories that are viable, competitive and conducive to sustainable development, but its success will depend on improving the capacities of local actors.

The African Development Bank and Senegal have a long history of cooperation, dating back to 1972. Since that time, the Bank has financed 66 national projects in several sectors with a total investment of approximately US $ 1.1 billion or 532 billion CFA francs. Infrastructure projects make up 39.4 per cent of the Bank’s investment in Senegal, compared to 21.3 per cent for the social sector and 18.7 per cent for rural projects. In the private sector, the AfDB has financed four operations amounting to US $248 million.